A traditional two bedroom end terraced house in between Walsall and Bloxwich town centres. The spec is decent enough with the decoration having been recently upgraded.
Before we begin… no, that’s not a location picture of Walsall-on-Sea!!
Within my blog about the Walsall Property Market I mostly only talk about two of the three main sectors of the local property market, the ‘private rented sector’ and the ‘owner occupier sector’. However, as I often stress when talking to my clients, one cannot forget the third sector, that being the ‘social housing sector’ (or council housing as some people call it).
In previous articles, I have spoken at length about the crisis in supply of property in Walsall (i.e. not enough property is being built), but in this article I want to talk about the other crisis – that of affordability. It is not just about the pure number of houses being built but also the balance of tenure (ownership vs rented) and therein, the affordability of housing, which needs to be considered carefully for an efficient and effectual housing market.
An efficient and effectual housing market is in everyone’s interests, including Walsall homeowners and Walsall landlords, so let me explain ..
A Royal Wedding, Russia, Facebook, Brexit, Trump, House prices up, House prices down … the Press is full of column inches on Brit’s favourite subjects of politics, scandal, weather and not forgetting (and I appreciate the irony of this!) the property market. As an agent belonging to a national group of letting and estate agents, talking to my fellow property professionals from around the UK, the one thing that is immediately apparent is the UK does not have one property market. It is a hodgepodge patchwork (almost like a fly’s eye) of lots of small property markets all performing in different ways.
… And that made me think … is there just one Walsall Property Market or many?
I like to keep an eye on the property market in Walsall on a daily basis because it enables me to give the best advice and opinion on what (or not) to buy in Walsall, be that a buy-to-let property for a Walsall landlord or an owner occupier house for a home owner. So, I thought, how could I scientifically split the Walsall housing market into segments, so I could see which part of the market was performing the best and/ or the worst.
A beautifully pressented two bedroom semi detached house on a popular newbuild estate approx 1 mile from Walsall town centre, WS2. The property has an immaculate spec and is ready to go.
There are two double bedrooms, a modern fully fitted, a medium sized rear garden and off-road parking. It would be better appreciated by a viewing. The location is within easy reach of all the major road networks, services and other amenities lending easy access to Walsall town centre.
This property is absolutely ideal for the rental market.
This 2 bed semi is situated on Segundo Road, Delves, Walsall, WS5. On the market with Paul Dubberley (0121 659 6109) and priced at £130k. Full details can be found here.
Properties in this area are turning up for sale at reasonable prices and coupled with its popularity and long term rental propensity, it just makes sense.
This three bedroom semi detached house is beautifully presented. It is situated in Blakenall Lane, Leamore, Walsall, WS3. It is for sale via auction and there is a an open house viewing on Wednesday 7th March 2018 between 3.00 pm and 4.00 pm. Reserve your booking via Goodchilds 01922 312016. It is noted that cash buyers are preferred.
There are plenty of photos to show off the very attractive spec of this property with its many original features which include Minton tiled entrance and stained glass double glazing to mention just two. It has everything you could want in a property including double glazing, gas central heating, modern fitted kitchen and bathroom.
The location benefits from being within easy reach of all the major road networks, services and other amenities lending easy access to Walsall and Bloxwich town centres. Additionally there are two double bedrooms and a single. Topped off with off-road parking and a large courtyard style rear garden.
During my rounds in Walsall town centre this weekend I bumped into one of our Let Only landlords who I hadn’t seen for a while. I’m going to call her Ally Monie just for the fun of it! We decided to have a catch-up over a coffee inside the new Co-Op on Bridge Street (lovely it was too!!). She told me about the shock and dismay when she recently visited one of her properties after 3 years!
It’s ok, it’s not one of those horror stories that you hear where there was a cannabis factory in the loft, or there were four other people living in the property that shouldn’t have been or worst still the property was deliberately trashed, or is it…
Ally owns a number of properties and used our services to provide our Walsall Tenant Find Only service. She didn’t need an Agent for management, agency fees are money for old rope, and she had plenty of time to manage.